Nobina expands in Denmark with new agreement

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Nobina has been awarded a new contract by Sydtrafik to operate and develop city transport services in Kolding and the surrounding areas. The new contract will start at the end of June 2022 and is valued at approximately DKK 480 million over the ten-year contract period, and includes two optional extension years.

The new contract means Nobina is expanding its Danish operations, which currently include services in the capital area, the rest of Zealand and southern Jutland as well as service traffic under the Ørslev Servicetrafik A/S brand. In total, the new contract encompasses 26 scheduled buses that will operate exclusively on electricity.

“I am delighted that Sydtrafik has chosen Nobina to operate city transport in Kolding, and thus given us this opportunity to jointly develop public transport services with a clear focus on sustainability that is both welcoming and safe,” says Bram Lauwers, Business Area Director Denmark.

The award decision can be appealed until 27 May 2021.

For further information, please contact:

Mattias Gelinder, Group Treasurer & Head of IR +46 72 967 02 61

David Erixon, Head of Communications +46 72 967 02 84

About Nobina

This is Nobina. We are the Nordic region’s largest public transport operator, with 12,000 employees across four countries. Every day, all year round, one million people choose to travel more sustainably with us. From north to south, in urban and in rural areas. To the next bus stop, or all the way home. Together with our passengers and clients, we are big enough to make a real difference. From a welcoming greeting and a comfortable bus journey, to new smart technology that contributes to more fossil-free travel. A unique opportunity to bring about change.

The Group operates in Sweden, Norway, Denmark and Finland and reported sales of almost SEK 11 billion in 2019. In the Swedish and Danish markets, Nobina also operates service traffic under the Samtrans and Örslev brands, respectively. Nobina is listed on Nasdaq Stockholm.

Together, we keep society moving every day.

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